Pricing & Transparency
Clear, flat-fee pricing - no assets, no commissions, no surprises.
Every retirement plan is unique, so we provide simple, transparent pricing that reflects the level of work and care your plan needs. All plans are quoted individually after we review your documents and plan design, but the ranges below give you a helpful idea of what most plans cost.
Typical Annual Fees
Standard 401(k) Plans
Most plans range from $1,800 to $3,500+ per year, depending on plan size and complexity. Includes annual compliance testing, Form 5500 preparation, plan document maintenance and year- end reporting.
Solo / Owner-Only 401(k) Plans
Plans start at $500 per year, which Includes Form 5500-EZ preparation, plan document maintenance and year-end reporting.
Fees generally remain the same unless the plan adds spouses or additional features.
Defined Benefit & Cash Balance Plans
Most plans range from $2,000–$4,000+ per year, which includes annual administration, Form 5500 + Schedule SB preparation, plan document maintenance, year-end reporting and the actuarial support required for these plan types.
All fees are estimates and may vary based on participant count, plan design, and plan features. Complete details are included in your engagement letter before services begin.
How We Bill
We bill quarterly in advance — January 1, April 1, July 1, and October 1 — so your plan costs are predictable and easy to budget.
For new clients, the first invoice is sent within 30 days of engagement and includes any setup or prior-quarter adjustments needed to align with our billing cycle.
Plan Credits and Allowances
Sometimes the recordkeeper pays us directly for plan services. When that happens, we share those savings with you.
Plan-Level Service Credits (Revenue Sharing)
Some recordkeepers pay us a small plan-level service credit based on plan assets. Here’s how that works in real life:
We track these credits during the calendar year
When the total reaches $100 or more, we apply it to your next invoice
Credits help reduce your administrative fees for that year
Credits reset each January 1
Any amount that does not reach $100 by year-end, or that is left after fees are fully covered, is not carried forward or refunded.
You will always see these credits clearly listed on your invoices and, when required, on your Form 5500.
Installation or Conversion Credit
When a plan switches recordkeepers, or when we take over as TPA for an existing plan, the recordkeeper may pay us a one-time setup credit.
This credit helps cover the work needed to move the plan and get everything set up correctly.
If we receive a credit, we apply it to your recordkeeper change fee
If the credit is smaller than the fee, you are billed only for the difference
If no credit is available, the full fee applies
No surprises. We apply the credit first and bill only what’s left.
What every DRPS client receives
Annual compliance testing and Form 5500 filing — prepared, reviewed, and filed on time
Year-round communication and reminders before key deadlines
Plan document maintenance, amendments, and restatements when required by law
Practical guidance when something changes — like ownership, eligibility, or contributions
Dedicated point of contact who knows your plan inside and out — no call centers or ticket systems
Coordination with your recordkeeper, accountant, and financial advisor to keep everyone aligned